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Market Talk – January 13, 2017

January 13, 2017

A healthy bounce for the Nikkei ahead of the weekend closing up +0.8% but we only saw a small reversal in the Yen. The currency needs to move at the same time but in opposite directions in order to maximize trend. JPY was last seen this evening at 114.50, almost unchanged for the cash close. […]

China Steps in Against Bitcoin

January 13, 2017

The Chinese government has been strengthening requirements for citizens by converting their yuan. With Trump coming into office, China fears that lower values for the yuan will turn into a trade war even if the government is not actively trying to depreciate the yuan for trade. Conversions of yuan are already subject to a quota or […]

Language & Culture are the Keys

January 13, 2017

QUESTION: Martin Really enjoy the blog & Socrates. Has given me insights I otherwise would have never had. You have mentioned that one of the reasons why the EU will fail and the USA as a union works is a common language. With the pace of tech moving so quickly and nearing a point where we […]

Fake News – Just Look at the Source

January 13, 2017

QUESTION: Dear Marty: OK, with all this stuff floating around about Russia, and Trump doing strange things on bedding can you shed some light from Behind the Curtain ? Are the establishment THAT SCARED that one of their own is not in power ? I have to say, I am totally disillusioned. The Press is Constitutionally […]

Do Not Trust Governments or Their Employees

January 13, 2017

QUESTION: Hi Martin, I am familiar with the case of Robert Kahre who eventually lost a battle with the IRS for paying his employees in $20 gold pieces to avoid payroll taxes. However, do you think holding foreign currency gold pieces in a foreign bank account would be different from a US tax perspective so that […]

Police Are Here to Extort Us – Not Protect Us

January 13, 2017

The Police gave a man in Roseville, Michigan a $128 ticket for warming his car up in his driveway. Police Chief James Berlin refuses to admit the police are out of control saying you can’t leave vehicles running. The question legally is, since a driveway is private property, can the police give you a ticket for warming […]